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Exports In 2022, Germany exported $101M in Balances, making it the 2nd largest exporter of Balances in the world. At the same year, Balances was the 754th most exported product in Germany. The main destination of Balances exports from Germany are: United States ($17.2M), China ($15.4M), India ($6.97M), France ($6.31M), and South Korea ($5.97M).

The fastest growing export markets for Balances of Germany between 2021 and 2022 were China ($2.51M), India ($602k), and Netherlands ($598k).

Imports In 2022, Germany imported $27.3M in Balances, becoming the 2nd largest importer of Balances in the world. At the same year, Balances was the 1006th most imported product in Germany. Germany imports Balances primarily from: China ($11.9M), Switzerland ($3.85M), Chinese Taipei ($3.36M), Philippines ($1.41M), and Netherlands ($1.19M).

The fastest growing import markets in Balances for Germany between 2021 and 2022 were China ($3M), Chinese Taipei ($2.57M), and Malaysia ($650k).

COMPANIES In 2023, leading companies such as Volkswagen (2) were at the forefront of shipping Balances from Germany to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Balances. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$101M
IMPORTS (2022)$27.3M
NET TRADE (2022)$74.1M

In 2022, Germany exported $101M in Balances. The main destinations of Germany exports on Balances were United States ($17.2M), China ($15.4M), India ($6.97M), France ($6.31M), and South Korea ($5.97M).

In 2022, Germany imported $27.3M in Balances, mainly from China ($11.9M), Switzerland ($3.85M), Chinese Taipei ($3.36M), Philippines ($1.41M), and Netherlands ($1.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Germany WERE (2021 - 2022):
China$2.51M (19.5%)
India$602k (9.45%)
Netherlands$598k (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Germany WERE (2021 - 2022):
Austria-$1.6M (-64.4%)
Belgium-$1.4M (-52.6%)
Russia-$1.32M (-48.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Balances were:
In 2022, Germany's main importing competitors in Balances were:

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $1.39M
TOP IMPORT POTENTIALNetherlands+ $971k

Balances’s highest export potential is Netherlands. With an export gap of $1.39M.   Balances’s highest import potential is Netherlands with an import gap of $971k.

See methodology.

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